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NICHIMO CO., LTD. (8091) AI Stock Analysis

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JP:8091

NICHIMO CO., LTD.

(TSE/TYO:8091)

Select Model
Rating:66Neutral
Price Target:JPY 2,604.00â–²(15.17% Upside)
Action:reiterated
Date:08/18/26

Overall score reflects a balance of strengths and risks: valuation is attractive (low P/E and strong dividend yield) and technicals are supportive with the price above key moving averages and positive MACD. Offsetting these positives, financial performance is constrained by margin pressure and, most importantly, negative operating and free cash flow in 2025–2026.

Positive Factors
Revenue AccelerationStronger recent revenue growth indicates improved top-line traction and potentially better market demand. If sustained, this can support operating scale and help offset pressure from the company’s lower-margin packaged foods profile.
Negative Factors
Negative Cash GenerationPersistent negative operating and free cash flow weakens earnings quality and may require additional funding. If the issue reflects working-capital or investment strain, it could limit flexibility and increase execution risk over the next several quarters.

NICHIMO CO., LTD. (8091) vs. iShares MSCI Japan ETF (EWJ)

-20%-10%0%10%20%30%JP:8091-5.47%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 19.00B
Dividend Yield
4.42%
Average Volume (3M)
11.02K
Price to Earnings (P/E)
9.2
Beta (1Y)
0.53
Revenue Growth
2.39%
EPS Growth
-28.98%
Country
Japan
Employees
1,036
Sector
General
Sector Strength
55
Industry
Packaged Foods

NICHIMO CO., LTD. Business Overview & Revenue Model

Company Description

Nichimo Co., Ltd., together with its subsidiaries, manufactures and sells fish products in Japan and internationally. The company offers surimi, and fresh and frozen fish products, and processed and value-added products; fishing nets, gears, ropes, t...

How the Company Makes Money

null

NICHIMO CO., LTD. Financial Statement Overview

Summary

Mixed fundamentals: strong recent revenue acceleration and improved leverage versus 2022–2023, but profitability has weakened (margin compression and lower net income in 2026 vs 2025). The biggest drag is cash generation—operating and free cash flow were negative in both 2025 and 2026, raising funding and execution risk.

Income Statement

66Positive

Balance Sheet

57Neutral

Cash Flow

34Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue142.23B139.78B133.90B127.76B126.83B115.47B
Gross Profit12.31B12.40B12.23B10.78B11.31B11.32B
EBITDA4.46B4.07B5.03B5.11B4.72B5.05B
Net Income2.06B2.18B2.67B2.35B2.44B2.75B
Balance Sheet
Total Assets99.47B90.52B83.10B81.09B78.65B74.86B
Cash, Cash Equivalents and Short-Term Investments8.57B6.87B5.96B8.36B7.61B6.15B
Total Debt42.01B35.25B31.26B29.05B36.02B34.66B
Total Liabilities64.51B56.25B52.87B52.74B54.55B54.80B
Stockholders Equity34.94B34.25B30.21B28.33B24.08B20.06B
Cash Flow
Free Cash Flow0-2.62B-3.65B5.58B-774.00M-8.34B
Operating Cash Flow0-1.16B-1.34B6.63B912.00M-5.54B
Investing Cash Flow0-1.00B-1.98B1.28B-1.27B-2.43B
Financing Cash Flow03.03B1.19B-7.28B1.62B4.22B

NICHIMO CO., LTD. Technical Analysis

Technical Analysis SentimentNegative
Last Price2261.00

Price Trends

50DMA2330.46Negative
100DMA2291.85Negative
200DMA2345.21Negative

Market Momentum

MACD-19.57Negative
RSI43.37Neutral
STOCH37.86Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8091, the sentiment is Negative. The current price of 2261.00 is below the 20-day moving average (MA) of 2274.90, below the 50-day MA of 2330.46, and below the 200-day MA of 2345.21, indicating a bearish trend. The MACD of -19.57 indicates Negative momentum. The RSI at 43.37 is Neutral, neither overbought nor oversold. The STOCH value of 37.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8091.

NICHIMO CO., LTD. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:8091 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2903JP:290373OutperformJPY 16.39B10.29―2.27%5.33%72.51%
JP:2819JP:281969NeutralJPY 23.73B10.99―1.96%5.01%120.83%
JP:2892JP:289269NeutralJPY 23.36B20.08―3.16%-0.44%-20.57%
JP:8091JP:809166NeutralJPY 19.53B9.23―4.42%2.39%-28.98%
JP:2933JP:293361NeutralJPY 23.99B26.73―1.90%-0.27%-62.67%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
JP:2904JP:290446NeutralJPY 13.88B42.26―1.86%2.79%-56.06%

* General Sector Average

Performance Comparison

0%20%40%JP:8091JP:2819JP:2892JP:2903JP:2904JP:2933Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:8091 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:8091NICHIMO CO., LTD.2261.00-133.61-5.58%
JP:2819Ebara Foods Industry, Inc.2546.00110.514.54%
JP:2892Nihon Shokuhin Kako Co., Ltd.4750.001344.2439.47%
JP:2903Shinobu Foods Products Co., Ltd.1501.0056.553.91%
JP:2904Ichimasa Kamaboko Co., Ltd.753.0020.252.76%
JP:2933KIBUN FOODS INC.1051.00-3.77-0.36%

NICHIMO CO., LTD. Corporate Events

Nichimo’s Q1 Profits Fall Despite Higher Sales Amid Mixed Sector Conditions

Aug 7, 2026

Nichimo reported first-quarter fiscal 2027 net sales of ¥37.8 billion, a 6.9% year-on-year increase, while operating profit fell 21.9% to ¥806 million, though management said performance is broadly tracking full-year forecasts. The business...

Nichimo Posts Higher Q1 Sales but Lower Profit, Holds FY2027 Outlook and Dividend Forecast

Aug 7, 2026

Nichimo Co., Ltd. reported consolidated net sales of ¥37.76 billion for the three months ended June 30, 2026, up 6.9% year on year, but saw operating profit fall 21.9% to ¥806 million and profit attributable to owners of parent decline 14.0...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 18, 2026